STATE STREET CORP (STT)
US8574771031 - Common Stock
Overall STT gets a fundamental rating of 2 out of 10. We evaluated STT against 210 industry peers in the Capital Markets industry. STT has a bad profitability rating. Also its financial health evaluation is rather negative. STT has a valuation in line with the averages, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
STT had positive earnings in the past year.
STT had a positive operating cash flow in the past year.
Each year in the past 5 years STT has been profitable.
Of the past 5 years STT 4 years had a positive operating cash flow.
1.2 Ratios
STT's Return On Assets of 0.61% is on the low side compared to the rest of the industry. STT is outperformed by 73.08% of its industry peers.
STT has a worse Return On Equity (7.65%) than 60.58% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.61% | ||
| ROE | 7.65% | ||
| ROIC | N/A |
ROA(3y)0.77%
ROA(5y)0.77%
ROE(3y)9.2%
ROE(5y)8.89%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
With a Profit Margin value of 15.24%, STT perfoms like the industry average, outperforming 41.83% of the companies in the same industry.
STT's Profit Margin has declined in the last couple of years.
The Operating Margin and Gross Margin are not available for STT so they could not be analyzed.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | 15.24% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-7.54%
PM growth 5Y-5.11%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
The number of shares outstanding for STT has been reduced compared to 1 year ago.
STT has less shares outstanding than it did 5 years ago.
The debt/assets ratio for STT is higher compared to a year ago.
2.2 Solvency
STT has a Debt/Equity ratio of 1.02. This is a high value indicating a heavy dependency on external financing.
The Debt to Equity ratio of STT (1.02) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.02 | ||
| Debt/FCF | N/A | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
The Earnings Per Share has been growing slightly by 3.23% over the past year.
Measured over the past 5 years, STT shows a small growth in Earnings Per Share. The EPS has been growing by 1.19% on average per year.
Looking at the last year, STT shows a decrease in Revenue. The Revenue has decreased by -1.48% in the last year.
The Revenue has been decreasing by -0.31% on average over the past years.
EPS 1Y (TTM)3.23%
EPS 3Y4.62%
EPS 5Y1.19%
EPS growth Q2Q-1.45%
Revenue 1Y (TTM)-1.48%
Revenue growth 3Y0.68%
Revenue growth 5Y-0.31%
Revenue growth Q2Q-2.84%
3.2 Future
Based on estimates for the next years, STT will show a small growth in Earnings Per Share. The EPS will grow by 4.43% on average per year.
Based on estimates for the next years, STT will show a small growth in Revenue. The Revenue will grow by 0.97% on average per year.
EPS Next Y2.76%
EPS Next 2Y6.66%
EPS Next 3Y9.38%
EPS Next 5Y4.43%
Revenue Next Year3.23%
Revenue Next 2Y2.92%
Revenue Next 3Y3.34%
Revenue Next 5Y0.97%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
STT is valuated reasonably with a Price/Earnings ratio of 9.57.
70.19% of the companies in the same industry are more expensive than STT, based on the Price/Earnings ratio.
When comparing the Price/Earnings ratio of STT to the average of the S&P500 Index (25.20), we can say STT is valued rather cheaply.
The Price/Forward Earnings ratio is 9.31, which indicates a very decent valuation of STT.
Compared to the rest of the industry, the Price/Forward Earnings ratio of STT indicates a somewhat cheap valuation: STT is cheaper than 69.71% of the companies listed in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 21.63. STT is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.57 | ||
| Fwd PE | 9.31 |
4.2 Price Multiples
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
PEG (NY)3.47
PEG (5Y)8.04
EPS Next 2Y6.66%
EPS Next 3Y9.38%
5. Dividend
5.1 Amount
STT has a Yearly Dividend Yield of 3.78%. Purely for dividend investing, there may be better candidates out there.
STT's Dividend Yield is comparable with the industry average which is at 7.77.
Compared to an average S&P500 Dividend Yield of 2.44, STT pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.78% |
5.2 History
On average, the dividend of STT grows each year by 6.12%, which is quite nice.
STT has paid a dividend for at least 10 years, which is a reliable track record.
STT has decreased its dividend recently.
Dividend Growth(5Y)6.12%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
STT pays out 53.27% of its income as dividend. This is a bit on the high side, but may be sustainable.
The dividend of STT is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP53.27%
EPS Next 2Y6.66%
EPS Next 3Y9.38%
STATE STREET CORP
NYSE:STT (4/25/2024, 7:19:08 PM)
After market: 73.29 0 (0%)73.29
-1 (-1.35%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap22.10B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.78% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
Max Revenue beat(4)
Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.57 | ||
| Fwd PE | 9.31 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)3.47
PEG (5Y)8.04
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.61% | ||
| ROE | 7.65% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | N/A | ||
| PM (TTM) | 15.24% | ||
| GM | N/A | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.04
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.02 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)3.23%
EPS 3Y4.62%
EPS 5Y
EPS growth Q2Q
EPS Next Y2.76%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-1.48%
Revenue growth 3Y0.68%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y